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US close: Stocks end flat ahead of earnings deluge
US stocks ended little changed on Monday as investors digested a disappointing reading on manufacturing and looked ahead to a raft of quarterly updates scheduled for release later in the week.
Andalas partners with Indonesian government to provide more sustainable power
Andalas Energy and Power have announced a deal to develop gas fired power facilities (IPP’s) in Indonesia with PT PP Energi (a division of PT PP Persero), a state-owned construction and engineering company.
Department for Transport goes ahead with another eight week contract for Go-Ahead
Go-Ahead has just announced that their joint venture with Keolis, London Midland has been given an eight week franchise extension from 15 October to 10 December of this year by the Department for Transport (DfT).
Kennedy Ventures jumps after new Tantalum supply deal
Kennedy Ventures announced a multi-year agreement to supply Tantalum to a leading North American consumer through their stake in African Tantalum (Aftan) Pty Ltd. Aftam, which has an interest in the Tantalite Valley Mine in Namibia starting from 14 July 2017.
Bonds: Gilts outperform as politics heat-up in Westminster
These were the movements in some of the most widely-followed 10-year sovereign bond yields: US: 2. 31% (-2bp)UK: 1. 27% (-4bp)Germany: 0. 58% (-2bp)France: 0. 85% (-2bp)Spain: 1. 59% (-6bp)Italy: 2. 24% (-5bp)Portugal: 3. 10% (-5bp)Greece: 5. 28% (-4bp)Japan: 0. 08% (Bank holiday) .
Commodities: Profit-taking in energy despite upbeat Chinese data
Profit-taking in the energy space weighed on the commodity patch despite an uplift for metals in the form of the latest Chinese gross domestic product figures out overnight.
Broker tips: Mitie, WPP
Mitie got a boost on Monday as Investec upped the stock to 'buy' from 'sell' and lifted the target price to 330p from 212p.
Europe close: Stocks finish day on mixed note
Stocks ended on a mixed note, with sentiment buoyed by stronger-than-expected economic data out of China overnight and following the release of in-line consumer price data for June.
London close: Stocks edge higher on Chinese data, dip in Sterling
Oil equipment stocks and miners paced gains in the marketplace at the start of the week, lifted by encouraging Chinese data and a weaker pound.
Government assured Carillion and partners will deliver HS2 contract
Kier and Eiffage assured the government that they can step in to deliver on the HS2 project should their partner in the joint venture, Carillion, fall short of its obligations.
Empire State manufacturing index falls back in July
One of the more widely-followed gauges of regional manufacturing sector activity in the States fell back at the start of the month, but some economists cautioned against reading too much into the data.
US open: Stocks inch higher ahead of key corporate updates
Wall Street's main market gauges were slightly higher as investors waited on a raft of quarterly updates scheduled for release later in the week and mulled the latest data out of Asian giant China.
Inland Homes reports continuing momentum in forward sales
Inland Homes reported a continued high appetite for its land sales during the first half of the year, adding that the positive momentum behind its forward sales had continued into the period.
Balfour Beatty, Carillion Costain on track with HS2 contract wins
Balfour Beatty and Carillion have been awarded contracts as part of a £6. 6bn allocation from the UK government as part of the controversial High Speed Two (HS2) rail project from London to Birmingham.
FTSE 250 movers: Carillion rallies but TalkTalk drops on downgrade
London's FTSE 250 was up 0. 6% to 19,514. 73 in afternoon trade.
WPP 'over-exposed' to consumer staples ad spend, Deutsche downgrades
Advertising giant WPP is likely to see its earnings growth model squeezed due to its high exposure to spending from consumer staples companies, argued Deutsche Bank as it downgraded the shares to a 'hold'.
FTSE 100 movers: Micro Focus bounces back; Pearson hit by Berenberg note
London's FTSE 100 was up 0. 4% to 7,408. 18 in afternoon trade.
Tuesday preview: Eyeing inflation respite, Royal Mail letters down?
The focus will be on the squeezed UK consumer with the release of June's inflation figures, while results season picks up with finals from IG and quarterly numbers from Royal Mail and Experian.
FX round-up: Pound slips as Brexit negotiations resume
The pound slipped against the dollar and the euro on Monday as Brexit secretary David Davis began a second round of negotiations in Brussels against a backdrop of political infighting among British ministers over the terms of the EU exit.
Eurasia Mining receives discovery certificate at Monchetundra project
Eurasia Mining was granted a discovery certificate for its Monchetundra project sooner than expected with application for a mining license expected to follow in the near future.